The final collapse of the US dollar it is just around the corner

[tech723]

Interesting that this thread started now, because just last week a friend sent me this video on this topic.
Like most Americans, I discounted the facts, and figured we could merely print more money, as we have in the past. And as a general rule, I find most all these doomsayer’s as laughable, but after viewing this video, I must say, I am concerned. But still skeptical, and don’t want to believe it.
Keep in mind, I do not know this guy, nor do I endorse anything he is selling, just thought it to be interesting and intriguing. It will be interesting to hear others opinions.

Here it is, check it out for yourself and make your own decision.

2011 Financial Crisis: End of America? DEATH of Dollar!!

http://www.youtube.com/watch?v=dJ7aTN-CXuY

 

[nazzdack]

Quote from Kassz007:
----the OP....
----two years....

1) ?....as long as you've been here!
2) "It" may go back as far as 2006. :eek:
3) I'm not motivated enough to look through his prior posts with the search function.

 

[Kassz007]

Quote from SouthAmerica:

March 10, 2011

March 4, 2011
Harvard historian Niall Ferguson explains America's place in the new world economic order.
http://www.cnn.com/video/#/video/us/2011/03/04/gps.niall.ferguson.cnn?iref=allsearch


Yes, they did cut the part of that video with critical information that they don't want Americans to know about it.

Basically Niall Ferguson said: based on global history, and he mentioned many actual examples in the last 1,000 years - every time a superpower starts spending more money on interest expense related to its outstanding debt, than in defense spending – that is a major “Red Flag” and a signal that the superpower has reached the end of the road, and the United States as you can see by these figures is reaching that point when empires die a quick and sudden death.

Since you apparently have access to the "real" video, could you kindly post for us as well?

 

[Debaser82]

Quote from Kassz007:

Hasn't the OP been calling for a collapse of the USD for, oh I don't know, two years now?

He has, and rightfully so given how weak the USD had acted since.

Except for that 3 month spike ofcourse...

 

[Red_Ink_inc]

<iframe title="YouTube video player" width="640" height="390" src="http://www.youtube.com/embed/2N8gJSMoOJc" frameborder="0" allowfullscreen></iframe>

 

[kipster]

the world power committing an honorable seppuku when they print some more bills. $ will be worth nothing!!!

no more oversea trips to other lands no more! :1

 

[Martinghoul]

Dammit, I just sold all the supplies of canned soup, guns, ammo and tinfoil hats I amassed last time I was told to head for the hills. Does this mean I have to start all over again?

 

[Kassz007]

Quote from Debaser82:

He has, and rightfully so given how weak the USD had acted since.

Except for that 3 month spike ofcourse...

Perhaps you and I have a different definition of collapse. The USD has depreciated. I wouldn't say collapsed.

In any case, what does the OP mean by the "final" collapse?

 

[Kassz007]

Quote from Martinghoul:

Dammit, I just sold all the supplies of canned soup, guns, ammo and tinfoil hats I amassed last time I was told to head for the hills. Does this mean I have to start all over again?

It's too late for you. The final collapse is around the corner now. If you aren't already posting from your bomb shelter, you will parish.

 

[rew]

Quote from Cache Landing:

You guys do realize that an inflated USD is about the best thing that could happen to America right now, right?

That's right -- impoverish every retired person on a fixed income pension, and make savers into suckers one last time, ensuring that no one will be so stupid as to save ever again. Sounds like a plan.